English, Article, Journal or magazine article edition: Numerical solution of linear models in economics: The SP-DG model revisited T. Andrade, G. Faria, V. Leite, F. Verona, M. Viegas; O. Afonso; P.B. Vasconcelos

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Bookmark: http://trove.nla.gov.au/version/182267
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Numerical solution of linear models in economics: The SP-DG model revisited
Author
  • T. Andrade, G. Faria, V. Leite, F. Verona, M. Viegas
  • O. Afonso
  • P.B. Vasconcelos
Physical Description
  • preprint
Notes
  • In general, complex and large dimensional models are needed to solve real economic problems. Due to these characteristics, there is either no analytical solution for them or they are not attainable. As a result, solutions can be only obtained through numerical methods. Thus, the growing importance of computers in Economics is not surprising. This paper focuses on an implementation of the SP-DG model, using Matlab,developed by the students as part of the Computational Economics course. We also discuss some of our teaching/​learning experience within the course, given for the first time in the FEP Doctoral Programme in Economics.
  • SP-DG Model, Output, Inflation, Numerical Simulation, Teaching of Economics
  • RePEc:por:fepwps:249
Language
  • English
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